Barclays Maintains a Hold Rating on Power Financial (PWF)

In a new note to investors on November 8, an analyst has provided a rating update for the Financial sector company, Power Financial (PWFResearch Report). Barclays’ analyst John Aiken reiterates their Hold rating on the shares, with a C$33.00 price target.

According to TipRanks.com, Aiken is a 1-star analyst with an average return of -1.4% and a 42.3% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

The word on The Street in general, suggests a Hold analyst consensus rating for Power Financial with a C$33.50 average price target, a 3.8% upside from current levels. In a report issued on November 6, BMO Capital also maintained a Hold rating on the stock with a C$34.00 price target.

The company has a one-year high of C$33.27 and a one-year low of C$25.05. Currently, Power Financial has an average volume of 595.9K.

Power Financial Corp. is a management and holding company, which engages in the provision of financial services. It operates through the following business segments: Lifeco, IGM Financial, Pargesa, and Corporate.

The company’s shares closed last Friday at C$32.48, close to its 52-week high of C$33.27.